It's time for Marxism 101 once again!

This covers how capitalism increases income inequality, and why you seem to get further behind as leading capitalists get richer and richer - until it all comes crashing down.

Today's post: "How Does Capitalism Fail?"

🧵1/ The gap between rich and poor grows even when workers enjoy
2/ The dollar amount of wages is only part of the story – it
3/ The end result? Workers work more and more to receive less a
4/ Capitalism is a beast no one can cage or tame. Marx said cap
5/ Capitalist crises are crises of overproduction, not scarcity
6/ When overproduction happens, the goods produced aren’t as
7/ Capitalist economies over-relied on financial markets and de
8/ Marx argued that capitalism is better than anything else we'
9/ Sources Used:  A People's Guide to Capitalism - Hadas Thier
This concludes Marxism 101. Follow us for more briefings on radical ideas and reviews of #dangerousbooks at @ProleAcademy: A book isn't dangerous until you read it.

10/ This concludes Marxism 101.  Follow us for more briefings on

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More from @ProleAcademy

Nov 22
It's time for Marxism 101 again!

This time, we discuss how capitalists take the value they've extracted from workers and turn that into profits - and, eventually, monopolies.

Today's Post: "How Does Capitalism Work?"

1/ Image
Reposting Slide 1 with Image Description for Accessibility: Once a capitalist has sold ...
2/ And if this was all capital...
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Nov 1
It's time for Marxism 101! We explore how Marx and Engels believed our labor creates value, and how employers exploit that value to create profit.
Check our sources at the end, and like & follow to see the rest of the series.

Today: "What's the Labor Theory of Value?" Labor is an essential part ...
3/10 Labor is the common “social...
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Oct 27
It's time for Marxism 101 again! We explain the difference between private and personal property, what we make and sell under capitalism, and how we determine the value of it all. Check our sources at the end, like & follow.

Today's post: "Commodities, Capital and Value"

/1 MARXISM 101: Commodities, C...
What IS Private Property?

2/ Image entitled: What is Pri...
What is Not Private Property?

3/ Americans often denounce th...
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Oct 25
Reposting "Marxism 101 - What is Class?" with Alt Text Image Descriptions for Accessibility. Grateful for the feedback and positive response this received - look for the next entry, "Commodities, Capital and Value" on Thursday!

/1 MARXISM 101 - What is Class...
The capitalist class and th...
3/ “all history has been a his...
Read 11 tweets

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